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Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Odisha

Ex-SDCC Bank Branch Manager Gets 3 Years RI In Loan Bribery Case

OMMCOM NEWS by OMMCOM NEWS
June 24, 2026
in Odisha

Bhubaneswar: A Special Vigilance Court in Baragada on Wednesday sentenced a retired branch manager of Sambalpur District Central Cooperative (SDCC) Bank to three years of rigorous imprisonment (RI) and imposed a fine of Rs 20,000 after convicting him in a bribery case registered by Odisha Vigilance.

The court convicted Raghumani Sahu, former Branch Manager of SDCC Bank, Paikmal Branch in Baragada district, in connection with a corruption case involving demand and acceptance of a bribe from a loan applicant.

According to Odisha Vigilance, Sahu had demanded and accepted a bribe of Rs 8,000 from a member of the Jamseth Service Cooperative Society for sanctioning a Medium Term Non-Agricultural (MTNA) loan in the applicant’s favour.

He had been charge-sheeted by Odisha Vigilance under Sections 13(2) read with 13(1)(d) and 7 of the Prevention of Corruption Act, 1988.

Following trial, the Special Judge, Vigilance, Baragada , found Sahu guilty and sentenced him to undergo rigorous imprisonment for three years besides levying a fine of Rs 20,000.

Odisha Vigilance said it will move the competent authority for stoppage of pension benefits of the retired bank official following his conviction in the corruption case.

Tags: Loan Bribery CaseOdisha Vigilancerigorous imprisonment (RI)Special Vigilance Court in Baragada
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